BioCentury
ARTICLE | Finance

Healing Biotech IPOS?

Wound healing play Advanced BioHealing aims for the largest 2011 biotech IPO

May 16, 2011 7:00 AM UTC

Profitable wound healing play Advanced BioHealing Inc. is trying to pull off what would be the largest biotech IPO this year. It expects to get the offering done this week.

Prior to launching its road show last week, Advanced BioHealing updated its S-1 to sell 8.4 million shares at $14-$16. At $15, the company would raise $125.3 million and be valued at $597.3 million. The company filed in February to raise up to $200 million...